PM Orbán said the new plant will bring Tiszaújváros closer to becoming a chemicals industry hub for Central Europe. The plant will turn out 60,000 tons of synthetic rubber a year, enough to make 50 million tires.

The prime minister said Hungary is “on the path of development because it is a safe country” and the upcoming general election poses an important question for the Hungarian nation.

“Investments and developments are made in safe countries only, which have secure legal systems and a predictable political situation, where the helm of the government is not jostled back and forth between left and right,” PM Orbán said. He added that investments are made in countries where “security is provided in physical terms”, where there is no threat of terror and public security is not facing serious challenges.

“Hungary will not become an immigrant country, there will be no terrorist acts, large investors can keep on arriving from abroad and Hungarian large investors are encouraged to continue with developments,” he insisted.

The prime minister added that 4 percent GDP growth will be maintained if the Fidesz party wins the upcoming election.